Economist Joseph Stiglitz and the AFR’s Michael Stutchbury debate whether miners give enough back. Subscribe for full episodes …
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Economist Joseph Stiglitz and the AFR’s Michael Stutchbury debate whether miners give enough back. Subscribe for full episodes …
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They are both wrong.
To be fair though, the mining companies drive the fifo industry which gives thousands of regular workers a well above average salary. But yes the government is letting them get away with paying too little in tax….
He sounds like Kamala.
us Australians are stupid to let the government do this so that they are the only one reaping a reward from this. if these self serving grubs weren't dogs then we the people would benefit
Yes, and Saudi Arabia is so poor from selling their resources for so many decades, so logical 🎉
Its time everyone woke up were getting side lined by big corporations that can buy political parties. We need to stop political donations and stop mining companies employing ex politicians that help them pull strings with there connections. Politics should not be about money its about our country and its people there corrupt to the core money should not buy votes regardless
100%
thank the lord we have great men like Michael Stutchbury to tell it how it is . . great man !
All this shows is that the ABC do what they do best, favour one side
We absolutely know.
We are a basket weaving nation masquerading as a first world country.
We destroy the future of home ownership in lieu of feudalism BECAUSE we dont care to provide value to aussie society
Politicians…… huh…… Why are we the only species to place idiots at the head of the pack?
True
Leftist rhetoric to trick the immature into thinking Big Multinational companies are screwing us over. Just google it for Christ sake to see how much the company tax rate is in AU is for BHP and Rio Tinto instead of being a mutton head that believes any drivel especially from the ABC.
What do you mean when you say "Do you think we are giving it away"
Lady give me all your money every pay check then I want you to ask that question.
I can't believe you went to school to ask such dumb questions
We need this man here to sort out the corruption in our government
If only Americans were not so dumb. Australian mining and export industries rely on massive amounts of investment from global participants. The US is by far the biggest investor in Australian mining organisations.
No it's our foreign owned Government
We gave our forests to the Japanese woodchipers.
How embarrassing to hear the worst decisions being defended. The PRRT is a monumental scam and the government knows it.
Well said 👏👏
Norway will tax any company 90% to drill in the North Sea, but in Australia we subsidize them to take it themselves in the name of "jobs".
If we made them pay for the resources, they couldn't use tax strategies to avoid paying taxes.
Mining companies are NOT ripping us off, but the ABC is to the tune of over a BILLION dollars a year.
Yeah how much tax do they pay?
Payroll tax?
That would be about it
2 prime ministers tried this and the yanks got rid of them quick smart
Us Australians are incredibly stupid that we let these overseas companies rip us off. Its utterly ridiculous
maybe getting favourable out come for banking 😂
What a rude post.
This is nothing new. But none of our governments can subsidise the creation of value adding facilities to take the ire to a saleable commodity. We’re all over this. This man is saying nothing new.